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please please do this question urgently and perfectly. I will give positive rating if you solve this urgently and perfectly. highlight the main answer

Question 15 4 pts Assume a world where all CAPM assumptions hold. The expected return of the market portfolio is 9% and the risk-free rate is 2%. The market risk premium is 7%. Taxes do not exist in this world. For Burtons Enterprise we have the following information: The market value of equity is 400,000; The book value of equity is 100,000; Equity beta equals 0.8. The market value of debt is 600,000; Debt is free of default risk. . Question: Calculate the asset beta of Burtons Enterprise (ignoring taxes). Round you answer to 2 decimals (e.g. 1.23)

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